Bharti Infratel Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 94,450,000 (50%) | — | ₹226,680 Cr |
| NII (HNI) | — | 28,335,000 (15%) | — | ₹68,004 Cr |
| Retail | — | 66,115,000 (35%) | — | ₹158,676 Cr |
| Σ Total | — | 188,900,000 (100%) | — | ₹4,533,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹12,000 |
| Retail (Max) | 13 | 650 | ₹156,000 |
| S-HNI (Min) | 14 | 700 | ₹168,000 |
| B-HNI (Min) | 67 | 3,350 | ₹804,000 |
Financial Statements Amount In Crore
| Metric | 30-Sep-12 | 31-Mar-12 | 31-Mar-11 |
|---|---|---|---|
| Revenue | 5,091 | 9,597 | 8,626 |
| Profit After Tax | 460 | 751 | 551 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Installation of 4,813 new towers – 1,086.56
- 2 Upgradation and replacement on existing towers – 1,214.08
- 3 Green initiatives at tower sites – 639.36
- 4 General corporate purposes – 204.64
Company Overview
Incorporated in 2006, Bharti Infratel Limited is a provider of tower and related infrastructure. Bharti Infratel is one of the world's largest telecom tower infrastructure providers which deploys, owns and manages telecom towers and communication structures for all wireless operators. The business of Bharti Infratel and Indus is to acquire, build, own and operate tower and related infrastructure.
Bharti Infratel and Indus currently provide access to their towers primarily to wireless telecommunications service providers. Bharti Infratel's and Indus's three largest customers are Bharti Airtel (together with Bharti Hexacom), Vodafone India and Idea Cellular. They are the three leading wireless telecommunications service providers in India by wireless revenue.
In India, Infratel has over 34,000+ towers, across 18 states, and 11 Telecom circles, and still growing. Bharti Infratel also has a 42% stake in Indus Towers which was created as a Joint Venture between Bharti Infratel, Vodafone and Aditya Birla Telecom to hive off the Towers business in 15 telecom circles.